http://www.wweek.com/portland/blog-3...stay_open.html
The Regal Lloyd Center 10 & IMAX theaters were slated to become the next block of apartments in the Lloyd District, but today Regal Entertainment Group announced that the theaters will stay open.
Cypress Equities, the management company for Lloyd Center, and Regal want to keep Regal's presence in what they call the "historic" and "acclaimed" Lloyd District, but they're still discussing what that will look like.
Until a new theater is opened (no word on exactly where it would be), Regal will keep screening movies at Lloyd.
“Currently, we have many years remaining on our long-term lease," wrote Jerry Grewe, vice president of real estate at Regal Entertainment Group, in a July 23 statement. "But with the local revitalization efforts we are reviewing various potential options for a new replacement theatre that will continue to provide an exceptional moviegoing experience for our guests.”
The apartment creep continues throughout the Lloyd District, with a new development opening its doors today just two block west of the theater. But, for now, Ant-Man, all the minions and Adam Sandler remain safe.